Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Markets Look to Rebound After Tuesday’s Loss

Details

  • Description

    FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.

  • Duration 4:39
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

This is very.

Imus in the morning program on the fox goes -- Good morning everyone super easy group to be just that the former governor Mitt Romney had seen boosting his delegate lead in the race for the Republican presidential nomination.

Fox Business is fear of -- in Ohio which is one of those big battleground -- -- -- -- Penn State competition good morning Peter.

Yeah that's right and it's going to be a big battleground in the fall to big swing state and so Mitt Romney needed a win here to show that he can attract among others blue collar voters let's take a look at the at the -- -- that final unofficial numbers.

Here in the contest last night Mitt Romney getting about 38% of the vote would.

But ordered that the 6000 votes Rick Santorum.

Right behind him by about 101000 votes at -- and 45000.

But than 700.

Gingrich and Ron Paul.

Not competing here really but each getting about to vote getting over a 100000.

Votes and but we also want to point out that this race in Ohio and really illustrated the problem that Mitt Romney has -- this campaign going forward -- difficulty attracting.

-- conservatives and evangelicals.

We talked do well one.

Engineer who has been out of work for a year and a half -- also.

Who supported Romney and -- and a Christian evangelical who supported Gingrich take a listen.

I think probably will get the economy turned around and preannounce our as a work and the jobs will come back once and the government a couple of.

He is strong.

Christian background and comic -- looking to bring this morals back into politics.

And the decisions he makes.

Based off of like pro life and those topics that I feel like have been moving Alex.

Of our government which I think our founding fathers really meant to be in their -- I'm hoping that with Ricky can start to bring us back to our founding fathers is.

I say she supports Santorum I said Gingrich that was a mistake Diane back to you.

I give rise in these -- bank in Ohio rather thanks Peter thanks.

Second markets now this morning after yesterday's big sell off in the US were waiting the first and this week's labor related reports.

But the -- the employment report for February coming out at 8:15 eastern time -- that you can see markets are up across the board US is up by -- -- rather doubt by 48 -- F -- up by five.

And the nasdaq's up by about twelve.

Over in Europe investors remain concerned about that Greek debt swap deal and global growth risks London's up by twenty though Paris is up by two point you in -- up.

By eleven now let's take a closer look at what's moving those markets with Dow Jones -- senior correspondent -- -- over in London.

-- German industrial orders unexpectedly dropped two point 7% in January compared with last month.

The previous month rather now that that increase fears of a recession.

Absolutely -- think we did not only have Germany that that would that happening we also Heidi in Spain as well bad but -- industrial orders but we're pretty nasty to pump.

Really put that -- No we actually had some very nice he has coming out but that's -- -- -- that special and different.

But as far as the rest of the eurozone is of the eurozone is concerned it's -- -- in good shape at all and this really is gonna must get people worrying again.

When I'm particularly in the case of Germany ads that sort of Europe's lifeline at this point so what kind of an effect that have.

On the crisis as a whole if Germany does go into recession.

Oh absolutely people would definitely saw worry about so you know data analytics and widening out of it because also if you look at validate that came out that we have Brazil say that is both last -- -- really slowing down from 2010.

Australia the fourth quarter of last year.

It's book didn't match expectations as you know we've had time though this week suggesting that it too is not gonna have such great growth in ninety and in 2011.

You put this all together the whole global picture is not very positive so that means -- Germany's not looking at either an amendment -- only does action.

Like its exports and needs exports it's not gonna be good news for Germany said and the whole picture just looks a little -- -- that -- table I'll be.

And more gloomy than you don't ever coming to -- look at it and that's not good news going forward for the whole crisis.

Well thanks for that uplifting report next -- They can't.

Sorry that some -- -- that -- I had our -- -- Vick case things.

Over in London thanks -- and -- area can now from American Eagle Outfitters the apparel retailers reporting a profit of 35 cents a share that beat the estimate of that and I did yesterday at 35 cents.

Revenue came -- in mind that well as well as one point oh -- 1000000000 Imus in the morning continue.

Load More